Equities

Dominos Pizza Group Plc

Bullish on Domino’s Pizza Group because the market appears to have overreacted to two headline fears: the GLP-1 weight-loss craze hitting fast-food demand and Andrew Renney’s late-2025 CEO exit, both of which helped drive a sharp selloff. The thesis is that GLP-1 risk is likely smaller for Domino’s core customer base than investors assume, and with management stability, the shares could rerate from about 186p toward a modelled fair value of 284p.

Hugo Raffard

President & Founder

20 Mar 2026